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No changes in sightFort Worth is not likely to take up the issue again.
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Instead, the Legislature passed two very modest bills last session, requiring so-called credit-access businesses to get licensed, meet minimum financial standards, report data on their loans to a state agency, and be more transparent about fees and rates with consumers.
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However, Breakout Capital, along with some of the best actors in the space, recognizes the need for uniformity and is pushing towards a universal mechanism that allows small businesses to fully understand the cost of different types of products.
As a teacher, I know the most important thing is not the content itself, but it
(PLEASE excuse any typos or grammar mistakes as this was transcribed and paraphrased from emails and telephone calls)
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